This summary of IFRS 9 consist of the following 5 summarized flowcharts:
- IFRS-9 (Part-1 classification and recognition)
- IFRS-9 (Part-2 Impairment)
- IFRS-9 (Part-3 Derecognition of Financial Asset)
- IFRS-9 (Part-4 Modification and derecognition of Financial Liability)
- IFRS-9 (Part-5 Hedging)
That’s it! 5 simple Summary series of IFRS 9: Financial Instruments using a flowchart concept. I hope this makes understanding asset impairment a little bit easier for you
Download These FlowCharts in PDF
Note: This is only the summary of IFRS-9: Financial Instruments. Referring to the complete original IFRS is recommended for better decision-making, as everything out there is in full detail. If you want to read the original IFRS-9: Financial Instruments, you may read it here.
